Shares of Alimentation Couche-Tard Inc. (OTCMKTS:ANCTF – Get Free Report) have been assigned a consensus rating of “Moderate Buy” from the seven ratings firms that are presently covering the company, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company.
Several research analysts have weighed in on ANCTF shares. TD Securities reiterated a “buy” rating on shares of Alimentation Couche-Tard in a research note on Tuesday, August 4th. Royal Bank Of Canada restated an “outperform” rating on shares of Alimentation Couche-Tard in a research note on Tuesday, June 23rd. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Alimentation Couche-Tard in a report on Wednesday, June 24th. BMO Capital Markets reiterated a “market perform” rating on shares of Alimentation Couche-Tard in a research report on Wednesday, June 24th. Finally, Scotiabank reissued an “outperform” rating on shares of Alimentation Couche-Tard in a research note on Wednesday, August 19th.
Check Out Our Latest Analysis on Alimentation Couche-Tard
Alimentation Couche-Tard Stock Down 1.0%
Alimentation Couche-Tard (OTCMKTS:ANCTF – Get Free Report) last released its quarterly earnings results on Wednesday, September 2nd. The company reported $0.90 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.90. The company had revenue of $21.70 billion for the quarter, compared to analysts’ expectations of $20.86 billion.
Alimentation Couche-Tard Company Profile
Alimentation Couche-Tard is a Canadian multinational operator of convenience stores and fuel service stations. Headquartered in Laval, Quebec, the company manages a broad network of outlets offering convenience products, fresh food offerings and fuel under a variety of brand names. Its retail sites typically feature grab-and-go snacks, beverages, tobacco products and basic grocery items, alongside ancillary services such as car washes and loyalty programs.
Founded in 1980, Couche-Tard began as a single convenience store in Laval and has grown rapidly through both organic expansion and targeted acquisitions.
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